Record Passenger Numbers and Profitability
Passenger numbers increased by 6%, achieving record figures across all key metrics. Group profit before FX revaluations rose by 1%, and earnings per share increased by 8% following a GBP 250 million share buyback program.
Strong Financial Performance and Liquidity
Jet2 maintains a strong balance sheet with GBP 3.4 billion in cash, which supports fleet investment and financial resilience. Operating profit more than doubled, up 118% to GBP 447 million since 2019.
Gatwick Airport Expansion
Jet2 launched operations at Gatwick Airport, offering flights to 29 destinations. The new base is expected to be profitable by financial year '29, with significant growth potential following Gatwick's expansion plans.
Fleet Renewal and Sustainability
The fleet renewal program is on track, with Jet2 operating 23 Airbus A321neo aircraft, representing 17% of the total fleet. The fleet is expected to increase to 31 aircraft by Summer '26, improving sustainability metrics.
Increased Package Holiday Revenue
Package holidays now account for 66.5% of total passengers, up 17 percentage points since 2019, contributing over 80% of total revenue.